India once again ranked first in the world in terms of the amount of remittances from its citizens abroad. In this respect reports World Bank.
By the end of the 2023-2024 fiscal year (ending in March), the country received a record $107 billion from its diaspora. The US remained the largest source of money transferred by Indians to their homeland, with a 23% share.
In terms of the volume of transfers from citizens living abroad, the top three countries are Mexico ($67 billion) and China ($50 billion). The top 5 was completed by the Philippines with 40 billion dollars and Egypt with 24 billion dollars.
previous day reportedIn May, Italy became the leader in the volume of remittances to Georgia for the first time in history. Russia fell to second place with 48.11 million dollars in transfer volume, which was 48.12 million dollars at the end of last month.
Before that in Turkey reported About the persistence of problems with bank transfers from the Russian Federation.
Previously recognizedWhat payment methods do Russians prefer?
What are you thinking?
Source: Gazeta
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